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Bank Aston taps Oracle for end-to-end cloud banking platform

By Vriti Gothi

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Guernsey-based Bank Aston has partnered with Oracle to implement a fully integrated, cloud-based banking technology stack as it prepares for its market launch in 2026.

Under the agreement, Oracle will provide the bank’s core infrastructure, supporting payments, accounts, cash management, and back-office treasury operations, alongside multi-channel connectivity for corporate and institutional clients.

Paul Gorman, CEO of Bank Aston, said the institution prioritised a unified technology architecture from inception. “From day one we wanted a best-in-class, end-to-end platform rather than stitching together multiple vendors. We chose Oracle because it provides a single, functionally rich, integrated stack that enables us to support clients with fast onboarding, resilient payments, and deep connectivity,” he said.

The cloud-native platform is central to Bank Aston’s strategy of addressing gaps in banking services for institutions operating in international financial centers. By adopting a single-vendor environment, the bank aims to accelerate deployment timelines, streamline operations, and maintain robust risk management and compliance capabilities.

Bank Aston received its licence from the Guernsey Financial Services Commission in June 2025 and is targeting completion of its technology build and a commercial launch by summer 2026.

The partnership reflects a broader trend among newly licensed and challenger banks to adopt cloud-native, end-to-end platforms rather than assembling multiple legacy systems. Integrated cloud cores are increasingly seen as a way to reduce operational complexity, improve scalability and support faster time to market—particularly for institutions targeting cross-border corporate and institutional segments.

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